Anterix (NASDAQ:ATEX) Posts Earnings Results, Beats Estimates By $1.40 EPS

Posted by Francis Steltz on Jun 10th, 2026

Anterix (NASDAQ:ATEX – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of ($0.42) by $1.40, FiscalAI reports. Anterix had a negative return on equity of 12.26% and a net margin of 1,370.92%.The firm had revenue of $1.96 million during the quarter, compared to analyst estimates of $1.57 million.

Anterix Price Performance

NASDAQ:ATEX traded up $0.45 during mid-day trading on Wednesday, reaching $65.00. 727,279 shares of the company’s stock traded hands, compared to its average volume of 366,653. Anterix has a 12-month low of $17.58 and a 12-month high of $71.79. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 14.94 and a beta of 0.95. The company has a 50 day moving average price of $51.36 and a 200-day moving average price of $36.19.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Weiss Ratings raised Anterix from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, April 21st. B. Riley Financial downgraded Anterix from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $44.00 to $69.00 in a research report on Thursday, June 4th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $59.50.

Get Our Latest Stock Analysis on Anterix

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. XTX Topco Ltd purchased a new position in Anterix during the 4th quarter valued at about $311,000. Legal & General Group Plc increased its holdings in Anterix by 19.7% during the 2nd quarter. Legal & General Group Plc now owns 11,303 shares of the company’s stock valued at $290,000 after purchasing an additional 1,857 shares during the period. Alliancebernstein L.P. increased its holdings in Anterix by 16.8% during the 3rd quarter. Alliancebernstein L.P. now owns 13,230 shares of the company’s stock valued at $284,000 after purchasing an additional 1,900 shares during the period. Verition Fund Management LLC purchased a new position in Anterix during the 4th quarter valued at about $275,000. Finally, Wells Fargo & Company MN increased its holdings in Anterix by 77.5% during the 4th quarter. Wells Fargo & Company MN now owns 12,372 shares of the company’s stock valued at $270,000 after purchasing an additional 5,401 shares during the period. Hedge funds and other institutional investors own 87.67% of the company’s stock.

Anterix Company Profile

(Get Free Report)

Anterix, Inc is a specialized telecommunications company focused on delivering private broadband networks for utilities and other critical infrastructure industries. The company owns and operates dedicated 900 MHz spectrum that enables reliable, secure and high-performance wireless communications to support grid modernization, smart metering, distribution automation and other mission-critical applications. By leveraging this spectrum, Anterix helps electric, water and gas utilities deploy advanced communications capabilities to enhance operational efficiency and resiliency.

At the core of Anterix’s offering is its licensed 900 MHz spectrum, which provides superior propagation characteristics compared with unlicensed options and allows for cost-effective coverage over expansive service territories.